Speaker 1: You just realized your business needed to hire someone yesterday.
Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed.
Speaker 1: Stop struggling to get your job posts seen on other
Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
Speaker 1: the top of the page for your relevant candidates, so
Speaker 1: you can reach the people you want faster. According to
Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty
Speaker 1: five percent more applications than non sponsored jobs. Don't wait
Speaker 1: any longer. Speed up your hiring right now with Indeed,
Speaker 1: and listeners of this show will get a seventy five
Speaker 1: dollars sponsored job credit to get your jobs more visibility
Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
Speaker 1: to Indeed dot com slash pod Katz thirteen right now
Speaker 1: and support our show by saying you heard about Indeed
Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
Speaker 1: all you need.
Speaker 2: All right, let's talk about the S ANDP. Five hundred,
Speaker 2: down almost a thousand points from its high fifty two
Speaker 2: week low at thirty nine hundred. You know, some people
Speaker 2: I was watching CNBC. Some people say thirty eight hundred
Speaker 2: is a good is a good level? Yeah, it's been falling.
Speaker 2: The stock market as whole has been falling. But the
Speaker 2: S and P is probably the best judge of the
Speaker 2: stock market because it's five hundred companies from all different areas.
Speaker 2: So it's a very broad range, you know, perspective on
Speaker 2: the stock market, where the dal Jones is a lot
Speaker 2: more narrow and the Nasdaq is even more specific because
Speaker 2: it's just for tech companies. So all right, S and
Speaker 2: P five hundred, will it continue to keep falling?
Speaker 3: Absolutely? Unequivocally I feel like Tia today. Yes, because there's
Speaker 3: no reason to. I know, in a podcast I should
Speaker 3: probably elaborate, right you hear it?
Speaker 2: Words know.
Speaker 3: If quantitative easting has went away and all the easy
Speaker 3: wins are now gone. That's why I told everyone last
Speaker 3: year study twenty fifteen, two thousand and eight, nineteen ninety,
Speaker 3: nineteen ninety one, to see what those conditions were like
Speaker 3: when higher interest rates were there. For those of you
Speaker 3: that did the homework and studied the past seven recessions,
Speaker 3: how long due to interest rates going up? How long
Speaker 3: should we be in the bear market? You should know
Speaker 3: the number of days then, not a guess, it's a
Speaker 3: range that we will be in so until so even
Speaker 3: with a chip shortage that will end roughly summer of
Speaker 3: twenty twenty three.
Speaker 4: We'll see some relief.
Speaker 3: There probably by fall of this year September, we'll start
Speaker 3: to push back up and stabilize. But yeah, for the
Speaker 3: next through the summer, it's gonna be a little bit treacherous.
Speaker 3: But if you want to know what this market is
Speaker 3: going to be like, look at twenty fifteen, in twenty ten,
Speaker 3: two thousand and nine. It'll tell you if you study
Speaker 3: what the market is going to look like for sure.
Speaker 4: Is there something that could single maybe not even a reversal,
Speaker 4: but some sort of up trend maybe? I mean obviously
Speaker 4: with China be in lockdown right now to Corona, if
Speaker 4: we saw something like China reopening on a global scale,
Speaker 4: could that be like one of those signs that there
Speaker 4: could be a nice tick up or nice with the rebound.
Speaker 3: That would definitely help end companies that are MidCap companies
Speaker 3: like the Rust of two thousands to start to go up,
Speaker 3: because without Apple and Microsoft, who would be in a
Speaker 3: big bear, big ass bear market. Luckily we have those Now.
Speaker 3: As far as to what the S and P is
Speaker 3: gonna go, yeah, we should go to thirty seven h three.
Speaker 4: Yeah, there you have it. Yeah, and a lot. I've
Speaker 4: seen a lot of analysts. Even with the SMP being
Speaker 4: at a fifty two weeks though, I watched a lot
Speaker 4: of analysts today. They're still keeping their price soccer for
Speaker 4: the year at fifty one hundred some people out of
Speaker 4: the fifty two hundred. No budget on that. So we
Speaker 4: will see, hopefully, not even hopefully, we shall see if
Speaker 4: they're right.
Speaker 3: We shall see, I hope. So, but it's looking scary.
Speaker 3: It does look scary. It does look scary.
Speaker 2: It could get worse, definitely, that's that's well, they go
Speaker 2: definitely no, no, no, no, no, I got a play before
Speaker 2: we die. Okay, oh yes, it could definitely. Well, first
Speaker 2: of all, sixty dollars of people on YouTube, hit the
Speaker 2: like button. Please hit the like button. Appreciate it absolutely
Speaker 2: can get worse because we're not technically in a recession yet.
Speaker 2: The only only index out of those major three that's
Speaker 2: actually in recession, well bear market territory is NASA. NASA
Speaker 2: like twenty five percent. Neither the dal Jones or S
Speaker 2: and P has reached twenty percent pullback.
Speaker 4: Yet, Yeah, I think at fifteen percent, so it's.
Speaker 2: Still not a bear market technically, and we're still not
Speaker 2: The economy itself can get a lot worse. There's still
Speaker 2: a lot more room for the economy to get worse.
Speaker 2: So if the economy can get worse, then obviously the
Speaker 2: stock market can get worse.
Speaker 4: We won't used to say like, wait, the market, it
Speaker 4: doesn't match the economy. Remember when during the pandemic, we're like,
Speaker 4: wait with this jobless teams and all these things happening
Speaker 4: and earners, what's up.
Speaker 5: You ever walk into a small business and everything just
Speaker 5: works like the checkout is fast, the receipts are digital,
Speaker 5: tipping is a breeze, and you're out the door before
Speaker 5: the line even builds odds are they're using Square. We
Speaker 5: love supporting businesses that run on Square because it just
Speaker 5: feels seamless. Whether it's a local coffee shop, a vendor
Speaker 5: at a pop up market, or even one of our
Speaker 5: merch partners. Square makes it easy for them to take payments,
Speaker 5: manage inventory, and run their business with confidence, all from
Speaker 5: one simple system. If you're a business owner or even
Speaker 5: just thinking about launching something soon, Square is hands down
Speaker 5: that one of the best tools out there to help
Speaker 5: you start, run and grow. It's not just about payments.
Speaker 5: It's about giving you time back so you can focus
Speaker 5: on what matters most Ready. To see how Square can
Speaker 5: transform your business, visit Square dot com backslash go backslash
Speaker 5: eyl to learn more that Square dot Com backslash, go
Speaker 5: backslash eyl. Don't wait, don't hesitate. Let Square handle the
Speaker 5: back end so you can keep pushing your vision forward.
Speaker 5: This episode is brought to you by P and C Bank.
Speaker 5: A lot of people think podcasts about work are boring,
Speaker 5: and sure, they definitely can be, But understanding a professionals
Speaker 5: routine shows us how they achieve their success little by little,
Speaker 5: day after day. It's like banking with P and C Bank.
Speaker 5: It might seem boring to save, plan and make calculated
Speaker 5: decisions with your bank, but keeping your money boring is
Speaker 5: what helps you live or more happily fulfilled life. P
Speaker 5: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
Speaker 5: Boring says eighteen sixty five is a service mark of
Speaker 5: the PNC Financial Service Group, Inc. P and C Bank
Speaker 5: National Association Member FDIC.
Speaker 1: You just realized your business needed to hire someone yesterday.
Speaker 1: How can you find amazing candidates fast? Easy. Just use Indeed.
Speaker 1: Stop struggling to get your job posts seen on other
Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
Speaker 1: the top of the page for your relevant candidates, so
Speaker 1: you can reach the people you want faster. According to
Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty
Speaker 1: five percent more applications than non sponsored jobs. Don't wait
Speaker 1: any longer, speed up your hiring right now with Indeed,
Speaker 1: and listeners of this show will get a seventy five
Speaker 1: dollars sponsored job credit to get your jobs more visibility
Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
Speaker 1: to Indeed dot com slash kat z thirteen right now
Speaker 1: and support our show by saying you heard about Indeed
Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
Speaker 1: all you need.
Speaker 4: Economy, We're like, wait, why is the market still going up?
Speaker 4: And it finally I feel like we're at a point
Speaker 4: now where it's like the economy and the market are massing.
Speaker 4: They're matching each other now right like, as it's just happening, inflation,
Speaker 4: interest rates going up, marketing.
Speaker 3: This is what happens when you cheat. Now, I never
Speaker 3: will want to sit in that fetch your position. But
Speaker 3: when you have quantitative easing for so long opposed to
Speaker 3: just letting things settle out and fall apart, this is
Speaker 3: what happens when you go on to twelve year run
Speaker 3: and you don't have any pullbacks and you don't let
Speaker 3: things settle. A lot of funded went to companies that
Speaker 3: were terrible companies. Like remember the era after like fifty
Speaker 3: and then it was like uh D four l rest
Speaker 3: in low but not his version.
Speaker 4: It's like laffy.
Speaker 3: We're in a laughy taffy era of investing all the
Speaker 3: companies of the trash. Let them get washed out. Then
Speaker 3: companies that are really good adventure, companies that are good
Speaker 3: at angel companies that are strong will invest in better technology.
Speaker 3: We're in twenty twenty two. As a kid, we don't
Speaker 3: have any flying cars, great healthcare, great tech company, and
Speaker 3: we have a whole bunch of social media apps that
Speaker 3: are remixes of black Plannet and instant Messenger. What we
Speaker 3: expect as a country we've produced some of the shittiest
Speaker 3: companies in the last twenty years.
Speaker 4: What do we expect?
Speaker 2: We're des tracking.
Speaker 3: When Paul Rosenberg is.
Speaker 4: Up there, shout, shout Rosenberg.
Speaker 6: Er, Yeah, I know, so Okay, should don't be mad
Speaker 6: at me, you know, so Fayorball legend, legend.
Speaker 2: So jay Z, one of the greatest rappers of all time,
Speaker 2: has one of the greatest lyrics of all time. It
Speaker 2: was actually the lyrics we named our second podcast ever
Speaker 2: this lyric where he said, and anticipation for precipitation stat
Speaker 2: chips for a rainy day, very important, very important. Cash
Speaker 2: is still king, and in times of uncertainty, it's okay
Speaker 2: to be in cash until you're actually certain. The dollar
Speaker 2: is actually strengthen, very strong right now. I think a
Speaker 2: fifteen years high for the strength of the dollar right now.
Speaker 2: Dollars in a good place right now. Nothing wrong with
Speaker 2: having money on the sideline until you're comfortable. I think
Speaker 2: that there's still some more room for the market to
Speaker 2: go down. Be patient, be patient, have money waiting, and
Speaker 2: get in at good prices and just write it up.
Speaker 4: I said, we're gonna play Belichick. Man, We're gonna win
Speaker 4: rings from the sideline. We're gonna watch the game, We're
Speaker 4: gonna make moves at the right time. We're gonna play Belichick.
Speaker 4: Shout out to the Patriots fans. But that's that I mean,
Speaker 4: he's right right, if we know, if we've seen the
Speaker 4: market pull back, there's no need for us to keep
Speaker 4: investing in large sums of money. We're gonna watch it,
Speaker 4: keep our cash as king and when we can make moves,
Speaker 4: we will.
Speaker 2: And that song is from Rainna's first single, not her
Speaker 2: first single, the first big single.
Speaker 4: Relays her first plays, the first first one and her
Speaker 4: first single.
Speaker 2: But that wasn't number one, first number on my first
Speaker 2: number one record.
Speaker 4: It might not even be our first one record, but
Speaker 4: definitely a big record, big record, Yeah, big record twenty one.
Speaker 3: What was like the football era when like everybody got
Speaker 3: participation in trophies? Right now, it's nineteen seven, hard nose,
Speaker 3: helmet to helmet, bust your ass football.
Speaker 2: My graduates from my school being forced back. Drop bag,
Speaker 2: drop my drop bag, drop drop.
Speaker 1: You just realized your business needed to hire someone yesterday.
Speaker 1: How can you find amazing candidates fast? Easy? Just use
Speaker 1: Indeed stop struggling to get your job posts seen on
Speaker 1: other job sites. With Indeed sponsored jobs, your post jumps
Speaker 1: to the top of the page for your relevant candidates,
Speaker 1: so you can reach the people you want faster. According
Speaker 1: to Indeed data, sponsored jobs posted directly on Indeed forty
Speaker 1: five percent more applications than non sponsored jobs. Don't wait
Speaker 1: any longer. Speed up your hiring right now with Indeed,
Speaker 1: and listeners of this show will get a seventy five
Speaker 1: dollars sponsored job credit to get your jobs more visibility
Speaker 1: at indeed dot com, slash po d kat z thirteen.
Speaker 1: Just go to indeed dot com slash pod kat z
Speaker 1: thirteen right now and support our show by saying you
Speaker 1: heard about Indeed on this podcast. Terms and conditions apply.
Speaker 1: Hiring Indeed is all you need